:: jawawa.id :: Indonesian Business and Finance News

Mon, 22 Dec 1997

JP/Preventing osteoporosis can be cheaper: Expert

Preventing osteoporosis can be cheaper: Expert YOGYAKARTA (JP): A health expert says women can prevent osteoporosis in ways cheaper than consuming the widely advertised calcium-rich milk products.

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Mon, 22 Dec 1997

JP/ISO 90O2 for Astra Graphia

ISO 90O2 for Astra Graphia JAKARTA (JP): Document services business group PT Astra Graphia has gained ISO 9002 certification from Lloyd's Register Quality Assurance.Astra received the certification from the accreditation institution last Thursday.

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Mon, 22 Dec 1997

JP/Kaimoeddin extends tenure as governor

Kaimoeddin extends tenure as governor KENDARI, Southeast Sulawesi: President Soeharto has approved the extension of the tenure of the incumbent Governor of Southeast Sulawesi La Ode Kaimoeddin for another five years.

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Mon, 22 Dec 1997

JP/Search efforts bear little fruit

Search efforts bear little fruit JAKARTA (JP): A minesweeper and sonar equipment will be used today to search for the submerged fuselage of the SilkAir airplane which crashed in South Sumatra, after efforts by divers over the weekend only recovered body parts and fragments from the wreckage.

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Mon, 22 Dec 1997

JP/Penney's failure blamed on inept concept

Penney's failure blamed on inept concept JAKARTA (JP): The failure of American high-end retail chain JC Penney in Indonesia was caused by an unsuitable marketing concept rather than the country's monetary crisis, an observer said.

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Mon, 22 Dec 1997

JP/Team established to probe property mismanagement

Team established to probe property mismanagement JAKARTA (JP): The city municipality in cooperation with the National Land Agency has set up a special team to probe malfeasance that has led to the "disappearance" of several city properties, according to an official.

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Mon, 22 Dec 1997

JP/A small step in the right direction

A small step in the right direction The massive devaluation of most Asian currencies has begun to take its toll on sales of Japan's more expensive products.

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Mon, 22 Dec 1997

JP/Freedom from the press

Freedom from the press Some readers may not take The Jakarta Post too seriously, perhaps because it is a young newspaper, established in 1983. My personal grievance is that it is too thin. Perhaps your publishers can do something about that one day.

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Mon, 22 Dec 1997

JP/Tutut may get 'more important' position than VP, says scholar

Tutut may get 'more important' position than VP, says scholar JAKARTA (JP): Golkar leader Siti Hardiyanti Rukmana might have refused some people's motion to nominate her for the vice presidency, but it is likely she will gain a politically more important position, a scholar says.

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Mon, 22 Dec 1997

JP/Gold prices ease in line with rupiah's trend

Gold prices ease in line with rupiah's trend JAKARTA (JP): Gold prices eased over the weekend after reaching a high of Rp 47,000 per gram on Wednesday as most people sold their gold to profit in the bullish market.

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Mon, 22 Dec 1997

JP/Tourism academy graduates 2,041

Tourism academy graduates 2,041 JAKARTA (JP): The privately run Trisakti Tourism Academy graduated 2,041 of its students in a ceremony Saturday at the Jakarta Convention Center.

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Mon, 22 Dec 1997

JP/Garuda operates 55 extra flights during holidays

Garuda operates 55 extra flights during holidays JAKARTA (JP): National air carrier Garuda Indonesia will operate 55 extra flights from Jakarta to three overseas and five domestic destinations to anticipate an increase in passengers during the Christmas and New Year's holidays.

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Mon, 22 Dec 1997

JP/Residents destroy, burn food stalls

Residents destroy, burn food stalls TANGERANG (JP): About 300 angry residents of Pondok Jaya in Pondok Aren damaged and burned over the weekend a number of food stalls which they believed to have been used for prostitution and selling alcohol.

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Mon, 22 Dec 1997

JP/Ronny wins Star Mild drag race

Ronny wins Star Mild drag race JAKARTA (JP): Ronny Hermawan won the FFA category of the Star Mild drag race at the Senayan East parking lot early yesterday.Ronny clocked 7.630 seconds and was followed by Herry Agung with a time of 8.350 seconds and Pratikto Singgih in 8.730 seconds.

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Mon, 22 Dec 1997

JP/PNG to purchase arms from RI

PNG to purchase arms from RI KUPANG, East Nusa Tenggara: Indonesian Armed Forces Commander Gen. Feisal Tanjung said here Saturday that Papua New Guinea (PNG) is planning to purchase arms from Indonesia.

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Mon, 22 Dec 1997

JP/TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 My Country 2:35 Cartoon Film: The Big Valley 3:10 TV Drama: Ratna 3:35 Belief in God the Almighty 4:00 Regional News 4:30 Health Program: Kesehatan Keluarga 5:00 Indonesian Lessons 5:25 Variety Show 5:30 Documentary Film 6:00 News: ...

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Mon, 22 Dec 1997

JP/Teacher tried for smoking marijuana

Teacher tried for smoking marijuana JAKARTA (JP): A female gymnastics teacher was indicted Friday at Central Jakarta District Court for smoking and possessing a small amount of dried marijuana.Prosecutor DP. Siahaan said Wanda, 41, was arrested in a taxi on Jl.

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Mon, 22 Dec 1997

JP/Childrens Choir at Plaza Indonesia

Childrens Choir at Plaza Indonesia JAKARTA (JP): The Indonesian Childrens Choir is to hold a two- day performance at Lamoda Cafe in Plaza Indonesia, Central Jakarta next week, according to Nama Communications.

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Mon, 22 Dec 1997

JP/Houses destroyed by strong winds

Houses destroyed by strong winds BANDUNG, West Java: Strong winds have destroyed dozens of houses, felled hundreds of trees and cut electrical power, disrupting work in a number of industries, Antara reported.

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Mon, 22 Dec 1997

JP/Sumantri survives hard life by her own devices

Sumantri survives hard life by her own devicesBy Indrawati The nation celebrates Women's Day today. Far from heated debates over how much progress women have actually made toward equality, an elderly masseuse in the elite residential area of Menteng in Central Jakarta, tells how she has managed ...

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Mon, 22 Dec 1997

JP/Christmas spirit at City Hall

Christmas spirit at City Hall JAKARTA (JP): The City Administration has celebrated Christmas at City Hall for its Christian employees.The event was attended Saturday by thousands of employees from the city's five mayoralties.

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Mon, 22 Dec 1997

JP/Foreign exchange speculators

Foreign exchange speculatorsFrom Media IndonesiaThe fact that the value of the rupiah has been easily influenced by noneconomic issues serves only to confirm that the U.S. dollar money market is very much controlled by foreign exchange speculators.

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Mon, 22 Dec 1997

JP/Where to go in Jakarta:

Where to go in Jakarta:Exhibitions * Painting Exhibition: Pameran Akbar Seni Lukis '97 by Yayasan Pembela Tanah Air (YAPETA) at Diamond room, President Hotel, Jl. MH. Thamrin, Central Jakarta, until Dec. 24. * Painting Exhibition by I Made Djirna at Mon Decor Gallery, Jl. Gunung Sahari Raya No.

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Mon, 22 Dec 1997

JP/War on corruption

War on corruption The global war on graft has escalated after 29 developed countries and five developing ones in Latin America and Eastern Europe signed last Wednesday an anticorruption convention which makes bribery of government officials in international business a criminal offense.

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Mon, 22 Dec 1997

JP/Newcrest spends US$40.4m for exploration

Newcrest spends US$40.4m for exploration JAKARTA (JP): The Indonesian subsidiaries of Australia's Newcrest Mining Ltd. has spent US$40.4 million to survey and explore gold resources across the country, a company official said over the weekend.

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Mon, 22 Dec 1997

JP/Torajans pray for Soeharto

Torajans pray for Soeharto UJUNGPANDANG, South Sulawesi: About 10,000 members of the Toraja ethnic group have held an early Christmas celebration, which they marked with a prayer for President Soeharto's health.Antara reported that Reverend A.J.

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Mon, 22 Dec 1997

JP/Harmoko calls for modest lifestyle during crisis

Harmoko calls for modest lifestyle during crisis JAKARTA (JP): Golkar chairman Harmoko again called for public austerity to cope with the monetary crisis, saying that to do so would be an act of nationalism.

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Mon, 22 Dec 1997

JP/Altruism, charity alone will not eradicate poverty

Altruism, charity alone will not eradicate poverty JAKARTA (JP): Altruism and charity, as taught by religions, do not eradicate poverty and social disparity. They ease the pain but often fail to touch the source, a scholar said.

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Mon, 22 Dec 1997

JP/Friends say Kasino was life of the party

Friends say Kasino was life of the party JAKARTA (JP): Friends who said a final goodbye Friday to comedian Kasino Hadiwibowo remembered that the laughs never stopped when he was around.Kasino, 47, died Thursday night at the Cipto Mangunkusumo Hospital (RSCM) from brain cancer.

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Mon, 22 Dec 1997

JP/Married couple found dead in car in their home

Married couple found dead in car in their home JAKARTA (JP): A man and his wife were found dead in the back seat of their BMW sedan parked inside the garage of their West Jakarta home Saturday morning.

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Mon, 22 Dec 1997

JP/Pasaraya Manggarai expanded to 10 stories

Pasaraya Manggarai expanded to 10 stories JAKARTA (JP): Retail company ALatieF Corp has targeted a sales growth of 50 percent at its newly renovated Pasaraya Manggarai shopping center in South Jakarta next year, company president Usman Ja'far said Saturday.

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Mon, 22 Dec 1997

JP/JSX seen to remain bearish due to lack of incentives

JSX seen to remain bearish due to lack of incentives JAKARTA (JP): Trading on the Jakarta Stock Exchange (JSX) is expected to remain bearish this week due to a lack of new buying incentives.

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Mon, 22 Dec 1997

JP/Debate on democracy misses the point

Debate on democracy misses the pointBy Jonathan Power LONDON (JP): Not even the cynics consumed by South Korea's dire economic crisis doubted that the country's general election would be honest, above-board, with a result that would meet with widespread acquiescence both at home and abroad.

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Mon, 22 Dec 1997

JP/Will we be able to cash in on the cashless society?

Will we be able to cash in on the cashless society?By Zatni Arbi JAKARTA (JP): We once talked enthusiastically about prospects for the paperless society, but it is now time to talk about the cashless society.Well, the paperless society has turned out to be an illusion.

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Mon, 22 Dec 1997

JP/On a scapegoat

On a scapegoat In reference to an article in the Dec. 17 edition of Kompas titled Jangan mencari kambing hitam (Don't look for a scapegoat), I was quite shocked that Econit director Arif Arryman did not analyze the root cause of our economic crisis.

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Mon, 22 Dec 1997

JP/Number of expats learning Indonesian language on the rise

Number of expats learning Indonesian language on the rise JAKARTA (JP): The number of expatriates learning Indonesian as a foreign language at the University of Indonesia's Language Program for Expatriates (BIPA) has grown by 40 percent to 530 students this year, a linguistic expert said Saturday.

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Mon, 22 Dec 1997

JP/No solution in sight to Algeria's endemic violence

No solution in sight to Algeria's endemic violence LONDON: The credibility of Algeria's military regime has reached its lowest point since it canceled the 1992 general election -- which the now banned Front Islamique du Salut (FIS) was expected to win.In municipal and provincial polls held on Oct.

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Mon, 22 Dec 1997

JP/Expert predicts long political uncertainty

Expert predicts long political uncertainty UJUNGPANDANG, South Sulawesi (JP): Political uncertainty will continue ahead of the general session of the People's Consultative Assembly in March, a constitutional law expert predicted over the weekend.

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Mon, 22 Dec 1997

JP/S. Korean economy may affect Indonesia

S. Korean economy may affect Indonesia The International Monetary Fund has announced an aid package of US$55 billion to bail out South Korea's economy. Miranda S.

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Mon, 22 Dec 1997

JP/Police shoot dead three alleged criminals

Police shoot dead three alleged criminals JAKARTA (JP): Three alleged criminals were shot dead by police in two separate incidents yesterday. All three were trying to resist arrest, police said.The first two were shot dead on Jl. Cakung Cilincing in Bekasi at about 3 a.m.

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Mon, 22 Dec 1997

JP/Mar'ie sees rupiah fall as excessive

Mar'ie sees rupiah fall as excessive JAKARTA (JP): Minister of Finance Mar'ie Muhammad has said the rate of the rupiah depreciation against the American dollar had, thus far, been extremely excessive and in defiance of all sound economic parameters.

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Mon, 22 Dec 1997

JP/Toddler killed by his own father

Toddler killed by his own father JAKARTA (JP): A two and a half year old toddler died in Tegal, Central Java, Saturday allegedly at the hands of his depressed father, Antara reported yesterday.

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Mon, 22 Dec 1997

JP/Kim Dae-jung finally wins presidency

Kim Dae-jung finally wins presidency Two months ago The Jakarta Post Asia correspondent Harvey Stockwin reported that Kim Dae-jung could not be counted out in the presidential election which was then beginning (The Jakarta Post Oct. 23, 1997 "Kim leading election campaign").

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